Tesla Battery Superiority and EV Dominant

In 2019, Tesla electric car production passed the combined electric car and plugin hybrid car of Chinese carmaker BYD. This made Tesla the world’s largest electric car maker.

Cathie Wood of Ark Invest reported that Tesla increased its share of the global market for electric cars from 17% to 18.5% in 2019.

Too Late for Solid State Batteries

Many other carmakers had hoped to leapfrog to Solid State batteries. They thought Solid State batteries would have twice the energy density compared to lithium-ion batteries and reach $100 per kWh of battery.

Tesla is on track to improve lithium-ion what other carmakers hope do solid state batteries will have.